This enables clients to receive the money sent from the TMT’s locations in France and Germany, in Uttara bank’s branches in Bangladesh.

Currently, Uttara Bank Limited operates through 223 online branches spreading over the urban and rural areas with potential business places of Bangladesh.

Clients can use not only cash-to-cash option but account-crediting also. The set of services includes SMS-notifications and notifications over the phone to beneficiary.

Both parties believe that the joint project has great prospect.

The Managing Director and CEO of Uttara Bank Limited, Mr. Shaikh Abdul Aziz said that the demand for quality remittance services is on the rise in Bangladesh and the 50+ year old Uttara Bank Limited has already created a distinct and reliable position among the clients for its quality remittance service in particular.

“A lot of Bangladesh nationals are living in Europe, particularly in France. The amount they send to their friends and families in Bangladesh is growing from year to year.

That is why we trust that the project is going to be beneficial to both parties.”

About Me

The International Association of Money Transfer Networks is the only global international trade organisation that represents Money Transfer Industry / Payment Institutions providing cross border payments. Founded in 2005, provides a platform for industry partners to come together to discuss common challenges, industry initiatives, and create opportunities. IAMTN works closely with governments, regulators, regional associations and all other stakeholders to champion the creation of the most effective, safe, reliable and efficient payment system.